Real Estate Appraisal and Valuation Services, Statewide

The Arizona Department of Transportation (ADOT) Master Agreement CTR054962 is an Indefinite Delivery Vehicle (IDV) for Real Estate Appraisal and Valuation Services spanning multiple Arizona counties. The contract establishes two primary service categories: General Appraisal/Review Appraisal and Billboard/Outdoor Advertising Appraisal. Services are provided on an "on-call" basis and include eminent domain acquisitions, property dispositions, and appraisal reviews. The IDV covers comprehensive appraisal services for diverse property types, including vacant land, commercial, and residential assets, with the ability to support infrastructure and property evaluation needs across 15 Arizona counties.

The prime contractor for this IDV is Appraisal Technology LLC, located in Tempe, Arizona, with the contract originally awarded on May 7, 2021. The initial contract term was twelve months, with potential extensions up to 48 months through mutual written amendments. The contract has been subsequently extended through May 6, 2026, demonstrating ongoing value to ADOT. While no specific contract goals for Disadvantaged Business Enterprise (DBE) participation were established, the state maintains the right to adjust quantities or terminate the contract as needed. The IDV does not guarantee a specific volume of work but provides a flexible mechanism for procuring real estate appraisal services across Arizona's state and local government projects.